GBG 0.00% 2.6¢ gindalbie metals ltd

Ann: Trading Halt, page-39

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  1. Lav
    1,224 Posts.
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    Is it higher or lower?

    Truth is, very little is known about cost per tonne, or sale price per tonne.

    Given that magnetite a higher quality product than hematite, one would expect the sale price is higher than the spot iron ore price.

    However, given that Karara basically sells ore to itself, who knows what the scenario is.
 
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